{"id":1004649426,"date":"2023-03-03T04:37:34","date_gmt":"2023-03-03T12:37:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004649426"},"modified":"2023-03-03T05:35:21","modified_gmt":"2023-03-03T13:35:21","slug":"yusen-logistics-expands-us-distribution-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/","title":{"rendered":"Yusen Logistics Expands US Distribution Footprint"},"content":{"rendered":"
\"Taylored<\/a>

Taylored Services facility at the Port of Los Angeles. Image courtesy of Taylored Services<\/p><\/div>\n

Yusen Logistics<\/strong>, a global supply chain provider, is expanding its U.S. Contract Logistics Group network by 2.9 million square feet of Tier 1 distribution space on both coasts with the acquisition of Taylored Services<\/strong>, a U.S. multichannel 3PL fulfillment company.<\/p>\n

Terms of the deal with Saybrook<\/strong>, the private equity firm that has owned New Jersey-based Taylored Services since 2012, were not disclosed. Taylored Services will become part of Yusen Logistics (Americas) Inc., the U.S. operating company of Japan-based Yusen Logistics Co<\/strong>. Ltd., and a subsidiary of NYK Group<\/strong>.<\/p>\n

The acquisition will expand Yusen\u2019s warehouse network in key distribution areas of the U.S. and further strengthen the company\u2019s end-to-end supply chain portfolio with specialized services including omnichannel, retail, wholesale and e-commerce fulfillment. The purchase agreement includes 11 distribution centers located near the ports<\/a> of Los Angeles and Long Beach in southern California; New York\/New Jersey; Miami and Savannah, Ga., as well as space in Louisville, Ky. The respective Yusen Logistics and Taylored Services names and brands will remain in place.<\/p>\n

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READ ALSO<\/strong>: How CRE Boosts the Economy: NAIOP<\/a><\/p>\n

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The deal adds more than 350 employees to Yusen Logistics (Americas) Inc., which has 1,900 employees and 40 operational sites in the U.S., with more than 5 million square feet of warehouse capacity. Matt Ennis, the new president & CEO of Taylored Services, will oversee the team. Jim DeVeau, the prior president & CEO of Taylored Services, will be staying in an advisory role to support a smooth transition and provide ongoing guidance to Yusen Logistics.<\/p>\n

Mikhail Kholyavenko, CEO of Yusen Logistics Americas, said in a prepared statement combining the strengths of Taylored fulfillment centers in U.S. port-centric gateway markets with Yusen Logistics\u2019 global and domestic capabilities in international freight forwarding, warehousing and transloading operations, and supply chain orchestrations will allow the organization to provide a full suite of supply chain logistics solutions to current and future customers.<\/p>\n

DeVeau noted in prepared remarks that the Taylored employees and customers will benefit from access to Yusen\u2019s extensive global network and supply chain solutions, including air and ocean freight forwarding and 4PL\/lead logistics capabilities. Yusen has a network of more than 630 offices in 47 countries and regions and more than 24,000 employees.<\/p>\n

The purchase of Taylored Services comes several months after Yusen acquired Belgian health-care logistics company Groupe Pierre<\/strong> to expand its pharmaceutical logistics service capabilities. The deal, announced in December, includes Groupe Pierre\u2019s three divisions\u2014Ajimex, Transports Pierre and Pierre Logistic.<\/p>\n","protected":false},"excerpt":{"rendered":"

With the acquisition of Taylored Services, the global supply chain provider has extended its network by 2.9 million square feet.<\/p>\n","protected":false},"author":1068,"featured_media":1004649435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21748,21783,23891,21742],"tags":[51915],"class_list":["post-1004649426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-industrial","category-investment","category-national","category-latest","tag-yusen-logistics"],"acf":[],"yoast_head":"\nYusen Logistics Expands US Distribution Footprint - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Yusen Logistics is expanding its network by 2.9 million square feet of Tier 1 distribution space with the acquisition of Taylored Services.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yusen Logistics Expands US Distribution Footprint\" \/>\n<meta property=\"og:description\" content=\"Yusen Logistics is expanding its network by 2.9 million square feet of Tier 1 distribution space with the acquisition of Taylored Services.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-03T12:37:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-03T13:35:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/03\/Taylored-Services-facility-at-the-Port-of-Los-Angeles.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"805\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/\",\"name\":\"Yusen Logistics Expands US Distribution Footprint - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/03\/Taylored-Services-facility-at-the-Port-of-Los-Angeles.jpg\",\"datePublished\":\"2023-03-03T12:37:34+00:00\",\"dateModified\":\"2023-03-03T13:35:21+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57\"},\"description\":\"Yusen Logistics is expanding its network by 2.9 million square feet of Tier 1 distribution space with the acquisition of Taylored Services.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/yusen-logistics-expands-us-distribution-footprint\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/03\/Taylored-Services-facility-at-the-Port-of-Los-Angeles.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/03\/Taylored-Services-facility-at-the-Port-of-Los-Angeles.jpg\",\"width\":805,\"height\":600,\"caption\":\"Taylored Services facility at the Port of Los Angeles. 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